According to statistics released by Russia’s special steel association Spetsstal, the country’s stainless crude steel production totaled 71,600 tonnes during the first nine months, decreasing by 22.6% YoY.
Among them, the output of steel long products dropped by 5%; that of hot rolled products dipped by 35.8%; that of cold rolled products slumped by 58.6%, all compared to the figures in the same period of a year ago. The weak demand is the main reason behind.
Source – yieh
Yaang Pipe Industry